Agent's resignation - Notice

Unless the power of attorney provides a different method for an agent's resignation, an agent may resign by giving notice to the principal and, if the principal is incapacitated: (1) to the conservator or guardian, if one has been appointed for the principal, and a coagent or successor agent; or (2) if there is no person described in paragraph (1), to: (A) the principal's caregiver; (B) another person reasonably believed by the agent to have sufficient interest in the principal's welfare; or (C) a governmental agency having authority to protect the welfare of the principal. Acts 2011, No. 805, § 1. Unless the power of attorney provides a different method for an agent's resignation, an agent may resign by giving notice to the principal and, if the principal is incapacitated: (1) to the conservator or guardian, if one has been appointed for the principal, and a coagent or successor agent; or (2) if there is no person described in paragraph (1), to: (A) the principal's caregiver; (B) another person reasonably believed by the agent to have sufficient interest in the principal's welfare; or (C) a governmental agency having authority to protect the welfare of the principal. (A) the principal's caregiver; (B) another person reasonably believed by the agent to have sufficient interest in the principal's welfare; or (C) a governmental agency having authority to protect the welfare of the principal. Acts 2011, No. 805, § 1.